The Healthcare Provider industry now faces an unprecedented mix of challenges and unique opportunities. Business leaders are fundamentally rethinking their strategies, leading to an imperative to accomplish “more with less.” Beyond general economic challenges, the industry finds itself impacted by a distinctive set of influences, creating a unique and complex environment that can be difficult to navigate. These include:

• Financial issues (e.g., decrease in overall reimbursements from the government, payers and companies, impact of consumer-directed healthcare, rise in unemployed and uninsured, decrease in charitable giving, Health Help Loan limitations)
• Financial opportunities (e.g., ARRA, foundation giving targeted to specific initiatives, vendor financing)
• Regulatory requirements (e.g., HIPAA, JCAHO accreditation, SOX)
• Structural changes (e.g., facility closures, mergers, Hub and Spoke)
• Operating issues (e.g., multiple ‘affiliate’ organizations, patient safety, integration challenges across varied technical systems, organized labor)
• Evolving delivery model and technology impacts (e.g., eHR/eMR, ePrescribe, remote services, patient portals, physician portals, clinical systems)

Everest recognizes the unique dynamics affecting the Healthcare industry and offers a portfolio of services to help companies maximize the value of their business operations. Our service offerings encompass three key value-capture strategies:

• Internal Optimization
• Shared Services
• Outsourcing

To overcome "more with less" challenges, Healthcare Providers are exploring new operational solutions to unlock value in key facets of their businesses. Whether targeting financial, operational, or care-oriented benefits, Providers are looking beyond traditional back-office processes to plan and implement broader system-wide improvements. Everest's deep and thorough understanding of the unique factors influencing the Healthcare industry gives way to the experience, research, and advice necessary for companies to emerge as successful.

We encourage you to contact us at healthcare@everestgrp.com to collaboratively explore how we can assist you with your challenges.